Solana Treasury Upexi Posts Record Quarter Driven by Significant SOL Gains
Solana Treasury Upexi Posts Record Quarter Driven by Significant SOL Gains
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Upexi, a Solana treasury, announced a record quarter with a net income of $66.7 million, a significant turnaround from a net loss in the prior year. This impressive performance was largely fueled by $78 million in unrealized gains from its Solana (SOL) holdings.
Upexi's net income totaled $66.7 million compared to a net loss of $1.6 million for the year-ago period, according to a release. This record quarter was primarily powered by $78 million in unrealized SOL gains held by the treasury.